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NEW YORK: Cryptocurrency executives should work with regulators instead of being their adversary for the sector to grow to its potential, members of a digital currency panel at Wall Street's SALT conference said on Monday.
NEW YORK: Wall Street rallied on Monday, and the Nasdaq reached an all-time closing high as sentiment was boosted by full FDA approval of a COVID-19 vaccine and market participants looked ahead to the Jackson Hole Symposium expected to convene later this week.
SINGAPORE: Oil prices steadied on Friday, clambering away from three-month lows, but they were still on track for a weekly loss of more than 5% as new lockdowns in countries facing surging cases of the COVID-19 Delta variant dampened the outlook for fuel demand.
NEW YORK (Reuters) - The U.S. Securities and Exchange Commission said on Monday Poloniex has agreed to pay roughly $10.4 million to settle charges of operating as an unlicensed cryptocurrency exchange.
WASHINGTON: The chair of the U.S. Securities and Exchange Commission (SEC) on Tuesday called on Congress to give the agency more authority to better police cryptocurrency trading, lending and platforms, a "Wild West" he said is riddled with fraud and investor risk.
WASHINGTON (Reuters) -The chair of the U.S. Securities and Exchange Commission (SEC) on Tuesday called on Congress to give the agency more authority to better police cryptocurrency trading, lending and platforms, a "Wild West" he said is riddled with fraud and investor risk.
NEW YORK: U.S. stocks and the dollar slipped on Wednesday in listless trade after the Federal Reserve gave no clue about when it might start reducing its purchases of government bonds, even as it said the economic recovery is on track.
NEW YORK:Wall Street notched a comeback on Tuesday with all the major indexes closing higher, and yields on safe-haven U.S. Treasuries bouncing off lows as investors sought riskier assets even as worries remained about a resurgence in COVID-19.
WASHINGTON (Xinhua): The Chinese economy is on track to grow by 8.5 per cent in 2021, up 0.6 percentage point from previous projection, the World Bank Group said in its latest Global Economic Prospects released on Tuesday (June 8).
NEW YORK: A string of surprisingly robust economic data boosted investor risk appetite on Monday, which sent the S&P 500 and the Dow to all-time closing highs and boosted cryptocurrency market cap over the US$2 trillion hurdle.